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Monzo is in talks about a sale to Brazil’s Nu Holdings, the owner of Nubank. A deal could value the British digital bank at between £8bn and £10bn, Mark Kleinman reported for Sky News on Saturday. The talks are at a relatively early stage, according to Sky News. Monzo has hired Morgan Stanley and Qatalyst […]
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Nubank’s owner is in talks to buy Monzo at up to £10bn Read More »
Proxy adviser Glass Lewis has combined with Clarity AI, which sells sustainability data and AI analytics. The two firms announced the deal on Thursday. The deal closed on 23 September, and no financial details were disclosed. The combined company will make Madrid its global centre for sustainability, data and AI work. It has more than […]
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Proxy adviser Glass Lewis merges with Clarity AI to expand in Europe Read More »
The cybersecurity industry is increasingly focused on how artificial intelligence can reshape both defensive technology and the threat landscape. Upwind is responding by acquiring AI security startup Aegis and launching a new research and engineering initiative, as first reported by Axios. Aegis co-founders Omri Limor and Saar Ankonina will lead the new Upwind AI Security […]
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Upwind acquires Aegis as cybersecurity firm builds new AI Security Labs Read More »
“It’s about whether the lights stay on and the water stays safe when an adversary attacks,” said Dmitri Alperovitch, the CrowdStrike co-founder who is returning to the board of Dragos. The industrial cybersecurity company said on Monday it has closed its acquisitions of NetRise and runZero. The deals completed alongside the close of Accenture’s majority […]
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Dragos closes its NetRise and runZero deals as Accenture takes control Read More »
Insta360 opened its first American store on Saturday at 1515 Broadway, in the middle of Times Square. It is the company’s second self-operated shop outside China, after Tokyo in August. The ribbon-cutting is the least interesting part. Iris Deng interviewed co-founder Max Richter in Shenzhen for the South China Morning Post, and the numbers around the […]
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“The Fortune 500 will have no shortage of AI,” said Leonard Tang, co-founder and chief executive of Haize Labs. “The harder problem is making AI useful for the businesses that power the rest of the economy, where most humans work and receive value.” Tang said that in a statement confirming that Beacon Software has bought […]
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Beacon buys Haize Labs to stop its AI agents going wrong Read More »
“No government or enterprise should have to choose between capable AI and control over their technology,” said Aidan Gomez, Cohere’s chief executive. Canada’s Cohere and Germany’s Aleph Alpha have signed a definitive business combination agreement, the companies said in their announcement on 16 September. The deal follows the planned combination they announced in April. It […]
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Cohere and Aleph Alpha sign, with headquarters in Berlin and Toronto Read More »
AI inference company Baseten has acquired Blaxel, a startup that builds secure execution environments, or sandboxes, for AI agents. Baseten co-founder and chief technology officer Amir Haghighat told Axios Pro about the deal, which the outlet reported first on Thursday. Baseten later announced the acquisition. Axios describes Blaxel as a San Francisco startup. The announcement […]
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Baseten buys Blaxel, a startup that builds sandboxes for AI agents Read More »
Salesforce completed its acquisition of Fin on Thursday, bringing the customer service AI company formerly known as Intercom into its business. The same week, Business Insider’s Katie Roof and Ben Bergman reported that Salesforce has held talks to buy a second AI startup, Listen Labs, for around $2bn. Business Insider said the Listen Labs talks […]
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Salesforce closes Fin and eyes $2bn Listen Labs, Business Insider reports Read More »
“It’s a privilege, and no small responsibility, to welcome a product that over 250,000 organizations have integrated into their workflows,” said Luca Ferrari, the chief executive and co-founder of Bending Spoons. His Milan-based group has agreed to buy Miro, the online whiteboard company, at an enterprise value of $1.355bn. Bending Spoons announced the all-cash deal […]
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Bending Spoons agrees to buy Miro for $1.355bn, weeks after Airtable Read More »